Cintas
CTAS
600 hedge funds and large institutions have $12.3B invested in Cintas in 2018 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 197 increasing their positions, 222 reducing their positions, and 59 closing their positions.
25% more call options, than puts
Call options by funds: $89M | Put options by funds: $71M
24% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 59
24% more funds holding in top 10
Funds holding in top 10: 17 → 21 (+4)
12% more capital invested
Capital invested by funds: $11B → $12.3B (+$1.28B)
4.54% more ownership
Funds ownership: 266.49% → 271.02% (+4.5%)
1% more funds holding
Funds holding: 592 → 600 (+8)
11% less repeat investments, than reductions
Existing positions increased: 197 | Existing positions reduced: 222
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$240M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$191M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$102M |
| 4 |
Select Equity Group
New York
|
+$60.1M |
| 5 |
Bank of New York Mellon
New York
|
+$59.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$193M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$163M |
| 3 |
Renaissance Technologies
New York
|
-$91M |
| 4 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$43.9M |
| 5 |
Millennium Management
New York
|
-$40.1M |
CTAS Hedge Fund Activity: Q1 2018 in Review
600 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Cintas (CTAS) for Q1 2018, worth a combined $12.3B — up 12% from $11B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new CTAS positions and 59 closed out — a net gain of 14 holders — while 197 added to existing stakes and 222 trimmed.
The largest buyer was Brown Advisory, opening a new position worth an estimated $240M. The largest seller was First Eagle Investment Management, cutting an estimated $193M.
- 600 institutional investors held Cintas (CTAS) as of Q1 2018, up from 592 in Q4 2017.
- Funds reported $12.3B of Cintas stock for Q1 2018, up 12% quarter-over-quarter.
- 73 funds opened new Cintas positions in Q1 2018 and 59 closed out, a net change of +14 holders.
- The largest Cintas buyer in Q1 2018 was Brown Advisory, an estimated $240M added.
- The largest Cintas seller in Q1 2018 was First Eagle Investment Management, an estimated $193M sold.
Based on aggregated 13F filings for Q1 2018.